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Minimum price system |
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Minimum price systemSpecification of the lowest price permitted for an import. Prices below the minimum may trigger a tariff, hence a variable levy, or quota. See maximum price systerm. These have several names: basic import price, minimum import price, reference price, and trigger price.Similar MatchesMinimum price fluctuationMinimum price fluctuationSmallest increment of market price movement possible in a given futures or options contract. Alternative minimum taxAlternative minimum taxA tax which targets high wealth individuals to pay a minimum amount of tax. The tax is calculated on the sum of adjusted gross income and tax preference items less exemptions. Minimum variance frontierMinimum variance frontierGraph of the lowest possible portfolio variance that is attainable for a given portfolio expected return. Guaranteed minimum pensionGuaranteed minimum pensionThe minimum pension payable by a pension scheme in order that members may contract out of S2P (State Second Pension). Minimum lending rateMinimum lending rateThe minimum rate of interest at which the Bank of England was willing to lend to the money markets. Discontinued in 1981. Further Suggestionsminimum income guaranteeminimum quote size guaranteed minimum period Alternative Minimum Tax (AMT) minimum funding requirement Minimum variance portfolio Minimum maintenance Required minimum distribution (RMD) Minimum import price minimum maintenance Minimum efficient scale |
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